2023 Best Value Colleges for Engineering Physics (Income $0-$30k) in New York

When pursuing a degree in today’s world, students have many different options to choose from. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Engineering Physics Schools in New York For Those Making $0-$30k” ranking.

Engineering Physics is the 244th most popular major in the country with 994 degrees awarded in 2020-2021. In 2019-2020, engineering physics graduates who were awarded their degree in 2017-2019, earned an average of $53,863 and had an average of $25,114 in loans still to pay off.

Across New York, there were 133 engineering physics graduates with average earnings and debt of $53,359 and $25,500 respectively.

For this year’s “Best Value Engineering Physics Schools in New York For Those Making $0-$30k” ranking, we looked at 3 colleges that offer a degree in engineering physics. The schools that top this list are recognized because they have great engineering physics programs and cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the engineering physics program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.

One Size Does Not Fit All

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Engineering Physics Schools in New York For Those Making $0-$30k” list to help you make the college decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Engineering Physics Schools in New York For Those Making $0-$30k

The colleges and universities below are the best for new york engineering physics students whose families make $0-$30k.

Top 3 Best Value Colleges for Engineering Physics (Income $0-$30k) in New York

1

Cornell University
Ithaca, New York

#1 in overall quality

$5,244 Average Net Price

$65,907 Average Early-Career Earnings

Out of the 3 schools in the Best Value Engineering Physics Schools in New York For Those Making $0-$30k that were part of this year’s ranking, Cornell University landed the #1 spot on the list. Cornell is a private not-for-profit institution located in Ithaca, New York. The school has a large population, and it awarded 62 ’s degrees in 2020-2021.

In addition to being on our new york engineering physics students whose families make $0-$30k list, Cornell has also earned the #1 rank in our “Best Engineering Physics Schools in New York” ranking. The estimated yearly cost for Cornell is $5,244 for New York Engineering Physics students whose families make $0-$30k.

Since the school has a undergrad student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors. With a freshman retention rate of 96%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 0.9% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read more about Engineering Physics at Cornell

2

Columbia University in the City of New York
New York, New York

#2 in overall quality

$9,873 Average Net Price

$70,610 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Columbia University in the City of New York. The school came in at #2 for the Best Value Engineering Physics Schools in New York For Those Making $0-$30k. Columbia is a large private not-for-profit school situated in New York, New York. It awarded 41 ’s engineering physics degrees in 2020-2021.

As a testament to the quality of education offered at Columbia, the school also landed the #2 spot in our “Best Engineering Physics Schools in New York” ranking. It costs about $9,873 for New York Engineering Physics students whose families make $0-$30k per year to attend Columbia University in the City of New York.

The school has an impressive undergrad student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 95%, the school does an excellent job of retaining its undergraduate students. The impressive undergraduate student-to-faculty ratio of 6 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Read full report on Engineering Physics at Columbia University in the City of New York

3

Fordham University
Bronx, New York

#3 in overall quality

$26,202 Average Net Price

$52,826 Average Early-Career Earnings

You’ll be in good company if you decide to attend Fordham University. It ranked #3 on our 2023 Best Value Engineering Physics Schools in New York For Those Making $0-$30k list. Located in Bronx, New York, this fairly large private not-for-profit school handed out 19 degrees to qualified ’s engineering physics students in 2020-2021.

As a testament to the quality of education offered at Fordham U, the school also landed the #3 spot in our “Best Engineering Physics Schools in New York” ranking. The estimated yearly cost for Fordham University is $26,202 for New York Engineering Physics students whose families make $0-$30k.

With a freshman retention rate of 89%, the school does an excellent job of retaining its undergraduate students. The undergrad student loan default rate at the school is 2.3%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Engineering Physics at Fordham U

• Best Value Colleges for Engineering Physics (Income $0-$30k) in the Middle Atlantic Region
• Best Value Colleges for Engineering Physics (Income $0-$30k)

Notes and References

References

• The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
• Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
• Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

• *Average salary, average net price, and average tuition and fees are for the top schools only.
• Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

Credits

• Credit for the banner image above goes to NASA.